TJ Maxx 2004 Annual Report Download - page 60

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The TJX Companies, Inc.
Consolidated Statements of Shareholders’ Equity
Accumulated
Common Stock Additional Other Unearned
Par Paid-in Comprehensive Stock Retained
In Thousands Shares Value $1 Capital Income (Loss) Compensation Earnings Total
Balance, January 26, 2002 271,538 $271,538 $ - $ (6,755) $ (4,654) $1,080,569 $1,340,698
Comprehensive income:
Net income - - - - - 578,388 578,388
Gain due to foreign currency translation
adjustments - - - 23,006 - - 23,006
(Loss) on hedge contracts - - - (23,241) - - (23,241)
Minimum pension liability adjustment - - - 3,826 - - 3,826
Total comprehensive income 581,979
Stock split, two-for-one 269,431 269,431 - - - (269,431) -
Cash dividends declared on common stock - - - - - (63,421) (63,421)
Restricted stock awards granted and fair
market value adjustments 325 325 5,870 - (6,195) - -
Amortization of unearned stock
compensation - - - - 3,197 - 3,197
Issuance of common stock under stock
incentive plans and related tax benefits 2,505 2,505 41,794 - - - 44,299
Common stock repurchased (23,284) (23,284) (47,664) - - (426,657) (497,605)
Balance, January 25, 2003 520,515 520,515 - (3,164) (7,652) 899,448 1,409,147
Comprehensive income:
Net income - - - - - 658,365 658,365
Gain due to foreign currency translation
adjustments - - - 14,323 - - 14,323
(Loss) on hedge contracts - - - (24,743) - - (24,743)
Total comprehensive income 647,945
Cash dividends declared on common stock - - - - - (70,745) (70,745)
Restricted stock awards granted and fair
market value adjustments 600 600 14,266 - (14,866) - -
Amortization of unearned stock
compensation - - - - 10,208 - 10,208
Issuance of common stock under stock
incentive plans and related tax benefits 4,890 4,890 66,212 - - - 71,102
Common stock repurchased (26,823) (26,823) (80,478) - - (407,968) (515,269)
Balance, January 31, 2004 499,182 499,182 - (13,584) (12,310) 1,079,100 1,552,388
Comprehensive income:
Net income - - - - - 664,144 664,144
(Loss) due to foreign currency translation
adjustments - - - (10,681) - - (10,681)
Gain on net investment hedge contracts - - - 3,759 - - 3,759
(Loss) on cash flow hedge contract - - - (19,652) - - (19,652)
Amount of cash flow hedge reclassified
from other comprehensive income to
net income - - - 13,913 - - 13,913
Total comprehensive income 651,483
Cash dividends declared on common stock - - - - - (87,578) (87,578)
Restricted stock awards granted and fair
market value adjustments 220 220 6,859 - (7,079) - -
Amortization of unearned stock
compensation - - - - 9,379 - 9,379
Issuance of common stock under stock
incentive plans and related tax benefits 6,447 6,447 109,286 - - - 115,733
Common stock repurchased (25,150) (25,150) (116,145) - - (446,628) (587,923)
Balance, January 29, 2005 480,699 $480,699 $ - $(26,245) $(10,010) $1,209,038 $1,653,482
The accompanying notes are an integral part of the financial statements.
F-6